Tag: construction

September Payroll Gains Were Thin Across Every Major Industry

BLS said employment changed little in all major industries in September. Health care, nonresidential specialty trades and manufacturing still edged up, while financial activities lost jobs.

Data-Center Construction Spending Jumps 57% as Nonresidential Trade Contractors Add 86,000 Jobs

Private data-center construction spending ran at a $75.2 billion annual rate in July, up 57% from a year earlier, while overall construction spending fell. Nonresidential specialty trade contractors added about 86,000 jobs over the year to August.

New-Home Sales Rise to a 684,000 Annual Rate, but the Monthly Change Is Uncertain

New single-family home sales ran at a 684,000 annual rate in August, up an estimated 6.4% from July, but the ±19.5% margin of error means the increase is not statistically significant.